In connection with the incident with the downed Russian Su-24 aircraft, the Russian Federation has taken a number of measures against Turkey. These included the suspension of economic cooperation, reduction in the volume of financial transactions and foreign trade deals. Bans have affected the tourism and transportation industries, including transit, air and water transport. First of all, it affected those entrepreneurs whose business is connected with Russia and depend on it.
The Ulker family
Financial condition: $6.1 billion
Source of wealth: Yildiz Holding, the leading Turkish food producer, as well as the business in finance, real estate and packaging.
Business in Russia: Food
The chocolate Alpella, sweets Albeni, Cocostar, Luna, Dido, Metro, Peki, breadsticks, biscuits under the Hamlet brand have long been supplied to Russia.
The Şahenk family
Financial condition: $5.95 billion
Source of wealth: Dogus Holding (finance and automobile production) Also, the business includes areas of media, tourism, construction, energy, etc.
Business in Russia: Finance and Retail
In the Moscow bank Garanti Bank Moscow, the share of Dogus Holding assets is 10%. In the future, the company plans to open a number of stores in Kazakhstan, Azerbaijan, Georgia and at least in ten cities of Russia, including St. Petersburg, Kazan, Rostov and Yekaterinburg.
The Tara Family
Financial condition: $3.6 billion
Source of wealth: ENKA, building holding
Business in Russia: construction
The Turkish company ENKA has been working in the Russian market for more than 20 years. One of the large-scale facilities built by the company in Moscow is a complex of three buildings in Moscow City "Tower on the Quay." Currently, ENKA is going to invest $500 million in the construction of two shopping centers in the center of the capital. The Russian representative office of Enka Shopping Center has the status of one of the largest owners of the commercial real estate.
The Sabanci family
Financial condition: $ 3.05 billion
Source of wealth: Sabanci Holding (finance, production of buses and special equipment, aviation, chemistry)
Business in Russia: Aviation
Sabanci Holding comprises the second largest Turkish airline Pegasus Airlines. This company carried out regular flights to Moscow, Krasnodar, Makhachkala and Yekaterinburg (about 20 flights a week).
The Eczacibasi family
Financial condition: $2.77 billion
Source of wealth: Eczacibasi Holding (pharmaceutics, building materials, finance)
Business in Russia: building materials
The branches of Eczacibasi Holding in Russia are two VitrA factories located in Moscow, producing ceramic tiles, ceramic granite and mosaic, as well as sanitary ware. The enterprise produces 250 thousand sanitary ware units per year.
Aydin Dogan
Financial condition: $1 billion
Source of wealth: Dogan Group (Media and energy)
Business in Russia: Mass Media
The leading Turkish media holding owns the publishing house "Pronto Moscow", which publishes the newspaper "Iz ruk v ruki". He also runs the sites irr.ru and job.ru.
Ahmet Nazif Zorlu
Financial condition: $1.32 billion
Source of wealth: Zorlu Holding
Business in Russia: consumer goods
Zorlu Holding produces textile products under the brand name TAS, has a representative office in Russia ("Touch Textile"). In Nizhny Novgorod, there is a warehouse center and a retail chain. Also, the company is represented in the Russian Federation by Vestel brand.
The Koc family
Financial condition: $8.35 billion
Source of wealth: the family financial and industrial concern Koc Holding, whose activities are related to business in the energy, tourism, automotive production, finance, household appliances, and retail.
Business in Russia: Household Appliances and Finance
The concern Koc Holding includes the Arcelik enterprise, which produces household appliances. Products of Turkish entrepreneurs under the brand Beko - the subsidiary of Arcelik - are in high demand among the majority of Russians. In addition, Koc Holding owns the bank Yapi Kredi Bank Moscow with a capital of 11 billion rubles.
Mehmet Ali Aydinlar
Financial condition: $1.46 billion
Source of wealth: Acibadem Healthcare clinics
Business in Russia: medical tourism
At the moment, the capitalization of Acibadem Healthcare Group is $3 billion. The company has a representative office in Yekaterinburg, whose activities are connected with the organization of medical tourism in Turkey.